Bringing back their backup point guard isn’t what’s interesting here. It’s the report about what Felton’s deal means for the Thunder’s salary situation. Wojnarowksi’s ESPN colleague Bobby Marks reports that the new deal will put the Thunder into historic salary territory, complete with a $150 million tax bill.

Oklahoma City crosses an historic threshold as the first $300M team in salary and projected luxury tax with the Raymond Felton signing. The Thunder now have a tax bill of $150M.

While many lament the Golden State Warriors’ willingness to go into the tax threshold, this demonstrates one thing. Even small market NBA teams that make first-round exits from the playoffs are swimming in enough cash to pay massive tax bills if ownership is willing to spend it.